Jos. A. Bank Responds to Today's Statement From Men's Wearhouse

Jos. A. Bank Responds to Today's Statement From Men's Wearhouse

Reaffirms That Its Proposal Will Remain Open Until November 14th

HAMPSTEAD, Md., Nov. 4, 2013 (GLOBE NEWSWIRE) -- Jos. A. Bank Clothiers, Inc.
(Nasdaq:JOSB) today responded to the rejection by The Men's Wearhouse, Inc.
(NYSE:MW) of Jos. A. Bank's request for limited due diligence. On October 31,
2013, Jos. A. Bank stated that it was willing to consider raising the
acquisition price it proposed to Men's Wearhouse on September 18, 2013, of $48
per share, or a 42% premium to the closing price of Men's Wearhouse common
stock on the day prior, if Jos. A. Bank is given the opportunity to conduct
limited due diligence in order to determine that such an increase would be
justified.Today, Men's Wearhouse denied Jos. A. Bank's request for a limited
amount of non-public information.

"We are disappointed that the board of Men's Wearhouse has rejected our
request for information and thereby chosen not to explore the potential of
Jos. A. Bank's proposal for the benefit of their shareholders," said Robert N.
Wildrick, Chairman of the Board of Jos. A. Bank. "Their board's position is a
matter for consideration by the shareholders of Men's Wearhouse. For our part,
we stand by our previous statement and will keep our proposal open until
November 14, 2013."

About Jos. A. Bank

Jos. A. Bank Clothiers, Inc., established in 1905, is one of the nation's
leading designers, manufacturers and retailers of men's classically-styled
tailored and casual clothing, sportswear, footwear and accessories. The
Company sells its full product line through 628 stores in 44 states and the
District of Columbia, a nationwide catalog and an e-commerce website that can
be accessed at The Company is headquartered in Hampstead, MD,
and its common stock is listed on the NASDAQ Global Select Market under the
symbol "JOSB."

Cautionary Note on Forward-Looking Statements

This press release contains forward-looking statements and information about
our current and future prospects and our operations and financial results,
which are based on currently available information. The forward looking
statements include assumptions about our operations, such as cost controls,
market conditions, liquidity and financial condition. These statements also
include assumptions about our proposed acquisition of The Men's Wearhouse,
Inc. ("Men's Wearhouse") through a merger (including its benefits, results,
effects and timing) that may not be realized. Risks and uncertainties that may
affect our business or future financial results include, among others, risks
associated with the economy, weather, public health and other factors
affecting consumer spending (including negative changes to consumer confidence
and other recessionary pressures), higher energy and security costs, the
successful implementation of our growth strategy (including our ability to
finance our expansion plans), the mix and pricing of goods sold, the
effectiveness and profitability of new concepts, the market price of key raw
materials (such as wool and cotton), seasonality, merchandise trends and
changing consumer preferences, the effectiveness of our marketing programs
(including compliance with relevant legal requirements), the availability of
suitable lease sites for new stores, doing business on an international basis,
the ability to source product from our global supplier base, legal and
regulatory matters and other competitive factors. Risks and uncertainties
related to the proposed transaction include, among others: the risk that Men's
Wearhouse's shareholders do not approve the transaction; potential adverse
reactions or changes to business relationships resulting from the announcement
or completion of the transaction; uncertainties as to the timing of the
transaction; competitive responses to the proposed transaction; the risk that
regulatory or other approvals required for the transaction are not obtained or
are obtained subject to conditions that are not anticipated; the risk that the
other conditions to the closing of the transaction, which include, among
others, negotiation and execution of a mutually satisfactory merger agreement,
approval by each company's board of directors, and negotiating and entering
into satisfactory definitive equity and debt financing agreements, are not
satisfied; costs and difficulties related to the integration of Men's
Wearhouse's businesses and operations with Jos. A. Bank's business and
operations; the inability to obtain, or delays in obtaining, cost savings and
synergies from the transaction; unexpected costs, charges or expenses
resulting from the transaction; litigation relating to the transaction; the
inability to retain key personnel; and any changes in general economic and/or
industry specific conditions. Additional factors that could cause future
results or events to differ from those we expect are those risks discussed
under Item 1A, "Risk Factors," in Jos. A. Bank's Annual Report on Form 10-K
for the fiscal year ended February 2, 2013, Jos. A. Bank's Quarterly Report on
Form 10-Q for the quarter ended May 4, 2013, Jos. A. Bank's Quarterly Report
on Form 10-Q for the quarter ended August 3, 2013, Men's Wearhouse's Annual
Report on Form 10-K for the fiscal year ended February 2, 2013, Men's
Wearhouse's Quarterly Report on Form 10-Q for the quarter ended August 3,
2013, and other reports filed by Jos. A. Bank and Men's Wearhouse with the
Securities and Exchange Commission (SEC). Please read the "Risk Factors" and
other cautionary statements contained in these filings. We undertake no
obligation to update or revise any forward-looking statements, whether as a
result of new information, the occurrence of certain events or otherwise. As a
result of these risks and others, actual results could vary significantly from
those anticipated in this press release, and our financial condition and
results of operations could be materially adversely affected.

Additional Information

Our proposal constitutes a preliminary, non-binding indication of interest to
acquire the outstanding shares of Men's Wearhouse, and was submitted based on
the understanding that it is not an offer that is capable of being accepted
and that there will be no binding agreement between Men's Wearhouse and Jos.
A. Bank or any commitment or obligation on either party with respect to the
proposal or a possible transaction unless and until a definitive agreement is
executed by Men's Wearhouse and Jos. A. Bank.We reserve the right to
discontinue discussions regarding, and withdraw, our proposal at any time.Our
proposal is subject to a number of conditions, including, among other things,
our satisfaction with the results of due diligence in our sole discretion, the
negotiation and execution of a mutually satisfactory definitive agreement, the
negotiation and execution of satisfactory definitive equity and debt financing
agreements and the approval of a transaction by our Board of Directors.

This communication does not constitute an offer to sell or the solicitation of
an offer to buy any securities or a solicitation of any vote, proxy or
approval. No tender offer for the shares of Men's Wearhouse has been made at
this time.

CONTACT: For Jos. A. Bank - Media:
         Thomas Davies/Molly Morse
         Kekst and Company
         For Jos. A. Bank - Investment Community:
         David E. Ullman
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